DeFi
The EIGEN token can now be traded, transferred or staked and is trading at a fully diluted value of $7.2 billion.
Ethereum
BlackRock’s ETHA had one of its best weeks as it surpassed $1 billion in assets under management, but the company’s head of digital assets doesn’t expect inflows to match the pace of Bitcoin ETFs any time soon.
Regulation
Fresh off a Congressional hearing that lambasted the SEC chair for his approach to crypto, Gary Gensler still advocates for a rule to redefine the term “exchange” so the SEC can regulate crypto and DeFi.
Business
FTX creditors did not take well to a last-minute revelation by the bankruptcy estate, which earmarked 18% of forfeiture proceeds to a preferred shareholders remission fund.
The SEC and CFTC typically aim to issue enforcement actions before the end of September 30, but political considerations could be getting in the way this time around.
Tech
Six of the top 10 performing cryptocurrencies over the last 24 hours are memecoins, including SHIB, FLOKI, PEPE, BONK, and DOGE.
Bitcoin
October has typically been one of the best months for bitcoin prices and if key economic indicators remain strong, that trend will likely continue, analysts say.
The Democratic presidential candidate gave a speech outlining her economic policy goals in Pittsburgh on Wednesday.
Solana
PYUSD’s decline on Solana raises questions: are fading incentives pushing users to abandon ship?
The majority of the upcoming unlock has been earmarked for Series A and B investors, while SUI’s early contributors will receive about 16% of the unlocked tokens.
